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Stock Market & Financial Investment News

News Breaks
November 27, 2012
08:04 EDTBEE, DRH, CHSP, MHGC, HT, FCHJMP Securities to host a tour
New York City Hotel Tour visits various hotels in the New York City area on November 27.
News For DRH;HT;CHSP;FCH;MHGC;BEE From The Last 14 Days
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March 3, 2015
16:35 EDTBEECascade Investment reports 7.9% stake in Strategic Hotels
February 26, 2015
08:45 EDTFCHFelcor Lodging sees FY15 adjusted FFO 80c-88c, consensus 87c
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08:41 EDTFCHFelcor Lodging reports Q4 adjusted FFO 15c, consensus 10c
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February 25, 2015
16:22 EDTBEEStrategic Hotels enters $250M equity distribution agreement
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February 24, 2015
16:06 EDTBEEStrategic Hotels files automatic mixed securities shelf
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08:40 EDTDRHDiamondRock acquires The Shorebreak Hotel for $58.5M
DiamondRock announced that it recently acquired the Shorebreak Hotel in Huntington Beach, CA, for a purchase price of $58.5M. The purchase price represents a 12.8 multiple on 2015 forecasted Hotel earnings before interest, taxes, depreciation and amortization. In the twelve-month period ended December 31, 2014, the Shorebreak Hotel achieved a RevPAR of $176 from a combination of 83% occupancy and an ADR of over $213. The Hotel achieved a compound annual RevPAR growth rate since it has opened of approximately 15%. The acquisition of the Shorebreak Hotel brings the total number of properties in the company's portfolio to 28 and is the company's seventh resort property and fourth property located on the West Coast.
08:37 EDTDRHDiamondRock sees FY15 adjusted FFO $1.00-$1.03, consensus $1.06
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08:37 EDTDRHDiamondRock reports Q4 adjusted FFO 21c, consensus 23c
Reports Q4 revenue $223.63M, consensus $224.73M. Reports Q4 pro forma RevPar up 8.3% to $159.64M.
February 23, 2015
16:20 EDTBEEStrategic Hotels sees FY15 comparable FFO 77c-85c, consensus 83c
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16:18 EDTBEEStrategic Hotels reports Q4 comparable FFO 17c, consensus 17c
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February 19, 2015
16:31 EDTCHSPChesapeake Lodging sees FY15 EPS $1.16-$1.25, consensus $1.26
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16:31 EDTCHSPChesapeake Lodging sees Q1 EPS (3c)-(2c), consensus 4c
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16:28 EDTCHSPChesapeake Lodging reports Q4 EPS 12c, consensus 13c
Reports Q4 revenue $123.5M, consensus $125.69M.
February 18, 2015
16:51 EDTHTHersha Hospitality sees FY15 ajusted FFO 56c-58c, consensus 56c
Sees FY15 consolidated RevPar growth 6%-8%. Sees FY15 comparable property RevPAR growth 5.0%-6.0%. Sees FY15 adjusted EBITDA $176.0M-$180.0M.
16:48 EDTHTHersha Hospitality reports Q4 adjusted FFO 14c, consensus 13c
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